This 13%-Yielding Dividend Is on Very Shaky Ground
Annaly(NLY) The Motley Fool·2024-10-26 19:16
Annaly Capital Management barely makes enough money to cover its high-yielding dividend. Annaly Capital Management (NLY -1.07%) offers an alluring dividend. At over 13%, its yield is 10 times higher than the S&P 500's. With that higher reward potential comes a higher risk profile. That risk is apparent when taking a closer look at the mortgage REIT's third-quarter results. Here's the key number that puts its high-yielding dividend at a high risk for another reduction. Walking a fine line Annaly Capital Mana ...